White House proposes limits on student loan borrowing as part of higher education reforms

The Hill: The Trump administration on Monday proposed placing limits on federal student borrowing programs as part of a series of initiatives to amend the Higher Education Act.

"We need to modernize our higher education system to make it affordable, flexible and more outcome oriented so that all Americans, young and old, can learn the skills they need to secure and retain good-paying jobs," White House senior adviser Ivanka Trump said during a call with reporters.

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